East Africa Portland Cement Company
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Public KN: |
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| Industry | Construction |
| Founded | 1933 |
| Founder | Blue Circle Industries |
| Headquarters | Athi River, Kenya |
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Key people
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Bill Lay Chairman of the Board Kephar L. Tande Managing Director Titus Naikuni Director |
| Products | Cement |
| Revenue |
 KES: 9.21 billion (2012/13)
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KES: 2.49 billion (2012/13)
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| Total assets |
KES: 16.13 billion (2012/13)
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| Total equity |
KES: 7.1 billion (2012/13) |
| Website | Homepage |
East African Portland Cement Company commonly known by its abbreviation EAPCC, is a Kenyan based construction company specializing in the manufacturing and selling of cement and cement related products.
EAPCC's headquarters are located in Athi River, a small town about 30 km from Nairobi, Kenya's capital city. The company has operations in Kenya and Uganda.
East African Portland Cement Company started as a trading company importing cement mainly from England for early construction work in British East Africa (now Kenya) as an agent of Blue Circle Industries of the United Kingdom. The name Portland was given due to the resemblance in colour of set cement to the Portland stone that was mined on the Isle of Portland in Dorset, England.
In February 1933, the Company was incorporated in Kenya with the first factory in Nairobi's Industrial Area. The Company had one cement mill and used imported clinker from India for cement manufacturing. The production capacity was about 60,000 tonnes of cement at the time.
In December 1956, construction of the Athi River facility started. The factory was commissioned in 1958 and consisted of a rotary kiln, a big cement mill which significantly increased production capacity to 120,000 tonnes per annum.
Over the years, EAPCC greatly expanded its production capacity. The Company can presently produce over 1.3 million tonnes of cement per annum at reduced cost especially with the June 2014 announcement of the construction of a four megawatt power plant would run on waste gases generated by the company factory at a cost of KSH 800 Million. This Plant would lower the annual cost of running the Athi River factory by KSH 500 Million.
The companies that comprise East Africa Portland Cement include, but are not limited, to the following:
The shares of East African Portland Cement are traded on the Nairobi Securities Exchange, under the symbol: PORT. The shareholding in the company's stock as at 31 July 2014 was as depicted in the table below:
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Wikipedia